ATFX Review 2023

In 2023, Traders Union conducted a comprehensive ATFX review, further confirming their excellent service quality. The broker’s outstanding performance has been acknowledged through multiple awards, including the 2017 Fastest Growing Forex Broker in Europe and the 2018 Best Forex CFD Broker by the UK Forex Awards.

ATFX: pros and cons

Traders Union provides an overview of the pros and cons of ATFX, one of the most reputable Forex and CFD brokers.

Pros:

• Multiple licenses from international regulators.
• Favorable trading conditions for professional traders and large investors.
• Option to invest in PAMM accounts and copy trades through the broker’s proprietary platform.

Cons:

• No availability of cent accounts.
• High minimum deposit requirement for standard accounts.
• Bonuses are not accessible to all customers.
• Wide market spreads on standard accounts.
• Limited selection of partnership programs.

Expert review of ATFX

As per TU experts, ATFX is a broker dedicated to meeting the needs of its customers with a focus on automation and flexible operation in the Forex market. Below are the highlights:

• ATFX is dedicated to a customer-centric approach, placing emphasis on trader interests.
• The company operates successfully in the Forex market, mainly through automation and flexible work principles.
• ATFX offers extensive services including technical and fundamental analysis, market forecasts, and trading rates, delivered by financial experts with rich experience in both retail and institutional environments.
• The company stays in tune with its customer’s changing needs, launching tailor-made products to meet these evolving requirements.
• A new service, ATFX Connect, was recently introduced to cater to institutional professional customers.
• In 2020, ATFX rolled out a proprietary social trading platform, ATFX TeamUp.

Analysis of the main features of this broker

According to TU analysts, ATFX has been rated on several parameters as follows:

• The overall score for ATFX stands at 3.75/10.
• Execution of orders at ATFX has been rated at 3.54/10.
• The variety of investment instruments offered by ATFX received a score of 3.96/10.
• ATFX scored 3.6/10 in terms of the speed of withdrawal.
• The work of ATFX’s customer support was rated at 3.9/10.
• The variety of instruments available for trading at ATFX was given a score of 3.38/10.
• ATFX’s trading platform was rated with a score of 4.12/10.

Comparison of ATFX with other brokers

Traders Union presents a comparison of ATFX with other brokers to help investors make an informed decision.

• RoboForex: ATFX’s emphasis on customer service and tailored products contrasts with RoboForex’s focus on technology and a range of trading platforms.
• Pocket Option: Compared to ATFX’s institutional offerings, Pocket Option is known for binary options trading and user-friendly platform, catering more to retail investors.
• Tickmill: While ATFX prides itself on market analysis services and bespoke offerings, Tickmill is recognized for low spreads and fast execution speed.
• Exness: Unlike ATFX’s focus on personalized solutions, Exness stands out for its transparency, automatic withdrawals, and diverse account types for different trading styles.
• AMarkets: Compared to ATFX’s dedicated customer focus, AMarkets is known for its wide selection of trading instruments and high-quality analytical content.

In comparison to the aforementioned brokers, it’s crucial to mention the role of platforms like Thinkorswim. This advanced trading platform, not directly associated with ATFX, offers comprehensive tools and resources for active traders and investors. The choice of broker often depends on the specific needs of the trader, their trading style, and the platform’s offerings. Hence, while comparing ATFX with others, considering platforms like Thinkorswim could further enrich the decision-making process.

Conclusion

ATFX stands as a reputable Forex and CFD broker, backed by multiple licenses and accolades. While it excels in customer-centricity and tailored products, it may have limitations in certain areas such as account types and minimum deposit requirements. Traders Union’s comprehensive review provides valuable insights for potential investors. For more information, visit the Traders Union website.